Ripple capitalization is approaching $ 150 …
Ripple capitalization approaches $ 150 billion despite skeptics’ forecasts
The Ripple rate, which, according to some analysts, could not continue to grow after reaching the $ 3 level, has risen by another 36% in the last 24 hours, reaching a maximum at $ 3.84, with which the cryptocurrency capitalization has exceeded $ 143 billion. the value increased 3 times.
It is noteworthy that in recent days there was no important news, similar to those that influenced the cryptocurrency rate even before the new year, but major media began to write about Ripple more often, thus presenting it to a new circle of investors who, before that, may have been only heard about bitcoin.
The founder of the Autonomous Partners cryptocurrency fund, Arianna Simpson, drew attention to the fact that Ripple is not a decentralized cryptocurrency, which, in her opinion, will not prevent its rate from continuing to grow..
“In essence, this is an opposition to decentralization. But I won’t be surprised if the rate continues to rise, as I know the team has prepared a number of community and marketing activities for the first and second quarters..
I think a lot of this will be of interest. In addition, the fact that XRP has been added to Bloomberg terminals will increase awareness and interest on Wall Street and among traditional financial players, ”she said..
In recent weeks, investors from South Korea and Japan have shown significant interest in Ripple. This is probably due to the news of the conclusion of an agreement between SBI Ripple Asia and major Asian banks. More than 90 Japanese and Korean banks are expected to use the Ripple blockchain for multi-billion dollar transfers in the first quarter of 2018. At the same time, if the results of their tests turn out to be unsatisfactory, the Ripple market may react to this news with a sharp drop..
In addition, various rumors continue to fuel interest in Ripple, including the possible addition of cryptocurrency to the American Coinbase platform. So, one of the Reddit users writes that he heard about this from one of the company’s employees. Others are posting screenshots, allegedly indicating the presence of a code designed to integrate cryptocurrency. However, such rumors are accompanied by various cryptocurrencies and are often not confirmed..
The capitalization of Tether has exceeded $ 15 billion, having increased 4 times since the beginning of the year The capitalization of the stablecoin USDT has exceeded $ 15 billion….
DeFi space capitalization fell 25% in one day Assets related to the decentralized finance space lost 25% in one day…
Ripple and R3 Settle Contract Disagreements in Court New York blockchain startup R3 Holdco LLC has sued rival Ripple Labs Inc. in…
USDT capitalization exceeded $ 7 billion; Circle says “explosive interest” in stablecoins Stablecoin-centric startup business model Circle…
CoinMarketCap triggered a panic sell in the Ripple market by excluding data from exchanges in South Korea According to data from CoinMarketCap, which displays mid-market…